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Jakarta Post
Office of the Coordinating Economy Minister Airlangga Hartarto delivers a press statement on April 28, 2025, at the State Palace in Central Jakarta.
Office of the Coordinating Economy Minister Airlangga Hartarto delivers a press statement on April 28, 2025, at the State Palace in Central Jakarta.`
Economy premium

Airlangga announces Rp 13t stimulus for Ramadan, Idul Fitri

The government has announced plans to spend Rp 13 trillion (US$773 million) on stimulus measures aimed at boosting travel and consumption during the upcoming festive period.

3 hours ago
Economy

US government starts likely brief shutdown as House fails to approve deal

The US government entered what is expected to be a brief shutdown on Saturday after Congress failed to approve a deal to keep a wide swath of operations funded ahead of a midnight deadline.

9 hours ago
Tech

Musk's Starlink updates privacy policy to allow consumer data to train AI

Starlink collects vast amounts of user data, spanning location information, credit card information, contact information and user IP addresses.

1 day ago

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Regulations premium

Heads roll at IDX, OJK, as govt vows to fix stock market

It is not immediately clear whether the resignations of five high-ranking officials at the Indonesia Stock Exchange (IDX) and the Financial Services Authority (OJK) were voluntary or forced. Senior minister Airlangga Hartarto said President Prabowo Subianto is monitoring the stock exchange following the market meltdown. 

1 day ago
Economy premium

Businesses frustrated that rain still brings Jakarta to a halt

Transportation and logistics are among the sectors hit hardest by severe congestion and delays that overwhelm the city every year anew.

1 day ago
Regulations premium

Post-flood regulatory crackdown signals 'creeping nationalization'

The abrupt revocation of mining permits and the planned transfer of assets to state firms have raised concerns of "nationalization", undermining legal certainty and threatening to erode Indonesia’s appeal to foreign capital.

1 day ago
Regulations premium

What's behind Indonesia's worst stock crash in decades?

The Jakarta Composite Index plummeted around eight percent Wednesday and as much as 10 percent Thursday, its worst performance since 1998 during the Asian financial crisis.

2 days ago
Economy premium

Govt targets 141,000 subsidized homes in Meikarta

More details have been announced on the plan to use the Meikarta project for the public housing program, with the government looking to build 141,000 subsidized homes on three plots of land totaling 30 hectares.

2 days ago
tech

Musk's Starlink updates privacy policy to allow consumer data to train AI

Starlink collects vast amounts of user data, spanning location information, credit card information, contact information and user IP addresses.

1 day ago
tech

India's central bank proposes linking BRICS' digital currencies, sources say

India's central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the US dollar as geopolitical tensions rise.

1 week ago
tech

Social media sites block 4.7 million underage accounts in Australia

Initial figures showed platforms were taking meaningful action to remove underage users, Australia's eSafety Commissioner Julie Inman Grant said.

2 weeks ago
tech

Musk dealt blow over Grok deepfakes, but regulatory fight far from over

The climb-down by Musk, who initially laughed off the trend, highlights the difficulty of policing AI tools that make it cheap and easy to create explicit content. It is the latest clash between Europe and Musk, following rows over election interference, content moderation and free speech.

2 weeks ago
economy

US government starts likely brief shutdown as House fails to approve deal

The US government entered what is expected to be a brief shutdown on Saturday after Congress failed to approve a deal to keep a wide swath of operations funded ahead of a midnight deadline.

9 hours ago
economy

Fed leaves rates unchanged, sees 'somewhat elevated' inflation and stabilizing job market

Noting broad internal support for the decision, Powell said the Fed remains "well-positioned" to assess when or whether another rate cut may be needed.

3 days ago
economy

Trump says 'we'll work something out with South Korea' after tariff threat

President Donald Trump on Tuesday said the United States and South Korea will work out a solution when asked about his surprise Monday announcement that he would increase tariffs on imports from the Asian ally to 25 percent.

4 days ago
companies

PT SMI’s journey in strengthening Indonesia's sustainable development

The need for sustainable infrastructure has gained increasing prominence amid Indonesia’s efforts to accelerate national development in line with the government’s Asta Cita agenda. The challenges of climate change, development disparities and growing demand for a green economy have driven the adoption of new approaches that go beyond physical outputs, ensuring that social and environmental benefits are delivered to communities.

2 days ago
companies

Amazon to cut 16,000 jobs worldwide

The job cuts, which follow already flagged plans to trim its workforce by 14,000 posts, were aimed at "reducing layers, increasing ownership, and removing bureaucracy," senior vice president Beth Galetti said in a statement.

3 days ago
companies

Record high number of companies and start-ups choosing Hong Kong as regional base

Hong Kong’s attractiveness for both Mainland Chinese and international businesses has reached a record high, as shown in the latest survey, which recorded 11,070 companies based in the city in 2025.

3 days ago
companies

Samsung logs best-ever profit on AI chip demand

South Korean tech giant Samsung Electronics posted record quarterly profits Thursday, riding massive market demand for the memory chips that power artificial intelligence.

3 days ago
companies

Meta boosts annual capex sharply on superintelligence push, shares surge

Instagram-owner Meta on Wednesday boosted its capital spending plans for the new year by 73 percent in the pursuit of "superintelligence," an effort to offer deeply personalized artificial intelligence to its large social media user base.

3 days ago
companies

Plasma fractionation plant in Karawang: The ‘donor-to-drug’ journey

Every day, thousands of Indonesians donate blood and plasma, often unaware of the complex scientific and safety-driven processes that transform a single donation into life-saving therapies. As Indonesia advances toward domestic production of plasma-derived medicines, the “donor-to-drug” journey is becoming increasingly relevant for patients, healthcare professionals, policymakers and the wider public.

4 days ago
markets

Asian stocks hit by fresh tech fears as gold retreats from peak

Asian stocks sank Friday amid fresh worries over vast investments in artificial intelligence. Jakarta seemed to be stabilizing after a rout over the previous two days sparked by index compiler MSCI calling on regulators to look into ownership concerns.

2 days ago
markets

What is MSCI and what has it done to Indonesia's stock market?

Goldman Sachs estimates that foreign investor outflow could reach $7.8 billion if Indonesia is downgraded to frontier market, a scenario the investment bank and some investors deem unlikely.

2 days ago
markets

Indonesia stocks tank as downgrade risk triggers capital flight

MSCI's warning is the latest setback for Southeast Asia's largest economy as foreign capital flows out due to concerns about how President Prabowo Subianto is widening the fiscal deficit and ramping up the state's involvement in financial markets.

3 days ago
markets

Dollar reels near four-year low after blow from Trump comments

As investors have grown increasingly nervous about their exposure to US assets, other currencies and gold have shot up in the past couple of weeks.

4 days ago

Today's ePost

Sat, January 31, 2026

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